Customs Business Fairness Act of 2005
Last action on Apr 4, 2005Referred to the Subcommittee on Commercial and Administra...
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Summary
Customs Business Fairness Act of 2005 - Amends Federal bankruptcy law governing priority among claims and expenses to place in the tenth order of priority allowed unsecured claims for duties, taxes, or other charges paid to the U.S. Customs Service by customs brokers and sureties on behalf of the debtor arising out of the importation of merchandise entered for consumption within one year before the date of the filing of the petition in bankruptcy.
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